The DAX is showing relative strength following Friday's low. The hourly chart may be running out of puff, but that will bring support levels into focus. This video is intended for the users of Stratos Markets Limited, Stratos Trading Pty. Limited and Stratos Global LLC, (collectively “FXCM Group”). Stratos Markets Limited (www.fxcm.com): CFDs are complex...
Shorterm and Longerterm outlook for indices to see where the opportunities are.
CAPITALCOM:DE40 touched GANN support 13,880 and 13,860. If these supports hold, we are looking at buying the index cfd towards 14,000+ levels from here. Watch the video for complete GANN analysis of the CAPITALCOM:DE40 index CFD. Good Luck with your trades! Luck Favors the Prepared Mind.
CAPITALCOM:DE40 Falling Wedge Pattern (Weekly) The index is testing resistance of the falling wedge once again for 5 weeks in a row. Weekly candle close above 400 will indicate a breakout from the downward trend with a target of 16,200 if the breakout sustains. Good Luck!
CAPITALCOM:DE40 backtested support around 14960 and rebounded to close above 14080 resistance yesterday. This signals a short term bottom formation with today's range being 14080 to 14230. CAPITALCOM:DE40 made a high above 14180 resistance and rejected to backtest the 14080 support so far today. We can expect DE40 to continue to rally above the R1 14330 next...
After rejection from resistance at 17,660 Nifty broke below the support of 17,585 and currently trading just above support of 17,500. Watch the video for full details of Nifty's trading levels derived from Gann Analysis. S1 500 S2 485 R1 585 R2 660 Good Luck!
Details are in the Video. WATCH! Support: 14010, 13950, 13,900 Resistance: 14,080 AND 14,180 Gann Angles from S1, S2 AND R1 Support and Resistance levels. Looks like another sideways market today. GOOD LUCK!
The GER40 looks primed for a big move. Is it ready to break to the downside? Watch to find out more @lukesuddards